The 9 Best No Foreign Transaction Fee Credit Cards of 2019

Headed abroad? Make sure you take one of these cards

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Many credit card issuers charge a fee when you use your credit card to make a purchase in a currency other than U.S. dollars. This foreign transaction fee can add up if you make a lot of purchases in other countries. Even online purchases made with overseas companies can be charged a foreign transaction fee. If you want to cut down the cost of foreign currency transactions, choose a no foreign transaction fee credit card. We've selected the best credit cards without a foreign transaction fee. Our picks include:

  • Best Overall: Wells Fargo Propel American Express
  • Best for Travel Rewards: Chase Sapphire Preferred Card
  • Best Promotional Rate: Capital One Quicksilver Card
  • Best for Dining Rewards: Capital One Savor Rewards Credit Card
  • Best Cash Rewards: Discover it Cash Back
  • Best Premium Rewards: The Platinum Card from American Express
  • Best Airline Credit Card: Southwest Rapid Rewards Premier Credit Card
  • Best for Poor Credit: Capital One Secured MasterCard
  • Best Signup Bonus: Citi ThankYou Premier Card

The absence of a foreign transaction fee isn't the only perk these credit cards offer. You'll also find credit cards with cash and travel rewards, promotional interest rates, and other amazing perks that sweeten the deal.

01
Best Overall: Wells Fargo Propel American Express

Courtesy of Getty Images

What we like: The Wells Fargo Propel American Express gives you a chance to earn 30,000 bonus points if you spend $3,000 on purchases in the first three months.

Ongoing, you’ll earn three points for every dollar you spend on eating out and ordering in; gas, rideshares, and transit; flights, hotels, homestays, and car rental; and Popular streaming services. All your other credit card purchases will earn one point per dollar.

Pay your cell phone bill with your credit card and you’ll receive cell phone protection in the event that your credit card is damaged or stolen.

What we don't like: If you've received a bonus from Wells Fargo in the past 15 months, you may not be eligible to earn the bonus.

  • Minimum Credit Required: Good
  • Annual Fee: None
  • Intro APR: 0% on purchases and balance transfers for 12 months
  • Ongoing APR: 15.99%-27.99% variable
  • Balance Transfer Fee: $5 or 3% of the transfer amount for 120 days from account opening; $5 or 5% after that
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Welcome Offer: 30,000 bonus points after you spend $3,000 on purchases in the first three months

View details about this credit card.

02
Best for Travel Rewards: Chase Sapphire Preferred Card

What we like: As a sign-up bonus, you can earn 60,000 bonus points if you spend $4,000 on purchases within the first three months of opening your account.

You can also earn rewards on your credit card purchases. Earn two points for every dollar you spend on travel and dining at restaurants. All other purchases will earn one point per dollar. All your rewards, including the sign-up bonus, are worth 25% more when you redeem through Chase’s online tool, Chase Ultimate Rewards. Your signup bonus, for example, is worth $750.

What we don't like: The $95 annual fee isn't waived in the first year.

  • Minimum Credit Required: Excellent
  • Annual Fee: $95
  • Intro APR: None offered
  • Ongoing APR: 17.99% to 24.99% variable
  • Balance Transfer Fee: $5 or 5% of the transfer amount
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup Bonus: 60,000 bonus points after spending $4,000 on purchases in the first three months

View details about this credit card.

03
Best Promotional Rate: Capital One Quicksilver Card

What we like: If you’re planning to make a large overseas purchase and you want the ability to pay it back over time with no interest and no foreign transaction fee, you’ll enjoy the Capital One Quicksilver Card. It offers a 0% introductory rate on both purchases and balance transfers for the first 15 months after opening your account.

You can earn a one-time $150 sign-up bonus if you spend $500 on purchases within the first three months of opening your account. Ongoing, you’ll earn an unlimited 1.5% cash back on all your purchases.

The card also comes with 24-hour travel assistance services, travel accident insurance, and extended warranty benefits.

What we don't like: The flat rate rewards aren't ideal for frequent travelers who can benefit more from a card that pays higher rewards on travel purchases.

  • Minimum Credit Required: Excellent
  • Annual Fee: None
  • Intro APR: 0% on purchases and balance transfers for 15 months
  • Ongoing APR: 16.24% to 26.24% variable
  • Balance Transfer Fee: 3% of the transfer amount for the first 15 months; None after the first 15 months.
  • Cash Advance Fee: $10 or 3% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup Bonus: $150 cash bonus when you spend $500 in the first three months.

View details about this credit card.

04
Best for Dining Rewards: Capital One Savor Rewards Credit Card

What we like: Start by earning a one-time $300 cash bonus once you spend $3,000 on purchases within three months from opening your account. Ongoing, you’ll earn unlimited 4% cash back on dining and entertainment; 2% back at grocery stores; and 1.5% back on all other purchases. Plus, you can earn 8% cash back on tickets at Vivid Seats through May 2020.

The Capital One Savor Rewards credit card also comes with a few other perks, including extended warranty, price protection, complimentary concierge services, and 24-hour travel assistance.

What we don't like: While the annual fee is waived in the first year, in the second year and beyond, you'll need to up your spending to breakeven on the cost.

  • Minimum Credit Required: Excellent
  • Annual Fee: $95 waived in the first year
  • Intro APR: None offered
  • Ongoing APR: 16.74% to 25.74% variable
  • Balance Transfer Fee: None for transfers made at the regular APR
  • Cash Advance Fee: $10 or 3% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup Bonus: $300 after spending $3,000 on purchases in the first three months

View details about this credit card.

05
Best Cash Rewards: Discover it Cash Back

Discover it Cash Back
Courtesy of Discover

What we like: Rather than a traditional signup bonus, Discover puts you in control of your first year bonus. At the end of your first year, Discover will match all the cash back rewards you’ve received during the year — dollar for dollar.

Speaking of rewards, you’ll earn 5% cash back on the first $1,500 you spend each quarter on categories that rotate. Categories include things such as gas stations, grocery stores, restaurants, etc. You’ll have to activate to receive the 5% rewards. All other purchases receive 1% cash back. You can redeem your cash rewards at any time in any amount.

What we don't like: The quarterly rotating categories aren't ideal for someone who isn't flexible on their spending.

  • Minimum Credit Required: Good
  • Annual Fee: None
  • Intro APR: 0% for 14 months on balance transfers and purchases
  • Ongoing APR: 13.99% to 24.99% variable
  • Balance Transfer Fee: 3% of the transfer amount that posts to your account by December 10, 2019; after that 5%
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup bonus: None offered

06
Best Premium Rewards: The Platinum Card from American Express

The Platinum Card from American Express
Courtesy of American Express

What we like: The Platinum Card® from American Express pays a whopping five points for every dollar you spend on flights booked directly with airlines or with American Express Travel. You'll also earn five points for every dollar spent on prepaid hotels booked on amextravel.com; and one point for every dollar spent on everything else.

On top of the rewards you earn, you'll receive up to $200 in Uber savings each year, access to the Centurion Lounge, a $200 airline fee credit, fee credit for TSA Precheck or Global Entry, travel accident insurance, and several other premium perks.

What we don't like: You can't transfer a balance to this credit card. The high annual fee means you'll have to make great use if this credit card to breakeven on the cost.

  • Minimum Credit Required: Good
  • Annual Fee: $550
  • Intro APR: Not offered
  • Ongoing APR: N/A
  • Balance Transfer Fee: N/A
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Welcome Offer: 60,000 Membership Rewards after you make $5,000 in purchases in the first three months

View details about this credit card.  

07
Best Airline Credit Card: Southwest Rapid Rewards Premier Credit Card

Southwest Rapid Rewards Premier Credit Card
Courtesy of Chase

What we like: You have the opportunity to earn 40,000 bonus points with the Southwest Rapid Rewards Premier Credit Card after you spend $1,000 on purchases in the first three months of opening your account. Plus, earn an additional 20,000 points after you spend $12,000 total on purchases within the first year.

Each year, you’ll get 6,000 anniversary bonus points; four upgraded boardings each year (depending on availability). Points you earn count towards a Companion Pass that lets a friend fly with you for free for a year.

You’ll earn two points for every dollar you spend on Southwest purchases and one point for every dollar you spend on other purchases.

What we don't like: The card doesn't come with airport lounge access. Plus, the rewards are only lucrative if you're a Southwest frequent flier. Otherwise, a card with more versatile rewards would be better for you.

  • Minimum Credit Required: Good
  • Annual Fee: $99
  • Intro APR: None offered
  • Ongoing APR: 17.99% to 24.99% variable
  • Balance Transfer Fee: $5 or 5% of the transfer amount
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup bonus: 40,000 points after you spend $1,000 on purchases in the first year. Plus earn an additional 20,000 points after spending $12,000 in your first year.

View details about this credit card.

08
Best for Poor Credit: Capital One Secured MasterCard

What we like: Most rewards credit cards and no foreign transaction fee credit cards require you to have good credit. But don’t worry. There’s still a no foreign transaction fee credit card option if you don’t have the best credit.

The Capital One Secured MasterCard requires you to make a security deposit against your credit limit. With a secured credit card, the credit limit is typically equal to the security deposit. Capital One gives you the opportunity to qualify for a security deposit of $49 or $99 for the minimum credit limit of $200 depending on your credit history. If you don’t qualify, you can start with a $200 security deposit and credit limit.

What we don't like: The card has a high APR which makes carrying a balance very expensive. Paying in full is best to avoid high finance charges.

  • Minimum Credit Required: Good
  • Annual Fee: None
  • Late Fee: Up to $39
  • Intro APR: None offered
  • Ongoing APR: 26.99% variable
  • Balance Transfer Fee: None
  • Cash Advance Fee: $10 or 3% of the cash advance
  • Foreign Purchase Transaction Fee: N/A
  • Signup bonus: None offered

View details about this credit card.

09
Best Signup Bonus: Citi ThankYou Premier Card

Citi ThankYou Premier Card
Courtesy of Citi

What we like: Spend $4,000 on purchasing the first three months opening your account and earn 60,000 bonus points after spendning $4,000 in the first 3 months when you book through the ThankYou Travel Center.

Earn three ThankYou Points for every dollar spent on travel; two ThankYou Points for every dollar you spend on dining out and entertainment; and one ThankYou Point on all other purchases. 

What we don't like: The rewards program allows you to transfer points to another frequent flier program, but you may lose some points when converting to most airline programs.

  • Minimum Credit Required: Excellent
  • Annual Fee: $95
  • Intro APR: None offered
  • Ongoing APR: 17.99% to 25.99% variable
  • Balance Transfer Fee: $5 or 3% of the transfer amount
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup bonus: 60,000 bonus points after spending $4,000 in the first 3 months

View details about this credit card.

Our Process

Our writers spent 4 hours researching the most popular no foreign transaction fee credit cards on the market. Before making their final recommendations, they considered 16 different credit cards overall, screened options from 7 different companies and tested 1 of the credit cards themselves. All of this research adds up to recommendations you can trust. We are committed to researching and recommending the best financial solutions and products for our readers. The Balance has partnered with CardRatings and may receive commissions from links within our content, but these have no bearing on our reviews or recommendations. The above content has not been reviewed, endorsed, or approved by any card issuers prior to publishing.